I have a Corporation with rentals and a Liability Insurance for it.Then I have an i surance for my car and another for my home and an Umbrella ☂ policy that covers those. The purpose with this one is that if I got sue...
I have umbrella policy and property management company to manage my 2 single family homes in Texas. I thought Umbrella policy is sufficient until I read Robert Kiyosaki The Real Book of real estate where he is saying ...
Good day and Happy Memorial Weekend, Has anyone who owns a personal or commercial umbrella policy ever been sued and had to leverage their umbrella policy? If so, what was the final verdict and/or learning? Thanks, J...
I'm curious how umbrella Insurance affects investment properties and if it's a good protection strategy. Does it only work if the property is your name? (Vs LLC or Trust). How much is enough? Should it be increased wi...
We are planning on purchasing a property in Florida that we could potentially use in the far off future. Should we go will an LLC or purchase an umbrella policy? This will probably be the only property we purchase.T...
Looking to get a 6 family investment property under an LLC but also considering getting umbrella insurance. Any opintions? Should umbrella insurance be under the name of LLC or the person? Also what is a good amou...
Hello, I'm a new investor and just finished the rehab of my property in Philly, PA. I'm working towards the refi and want to make sure my personal assets are protected and was thinking of transferring the property to ...
I got a quote for commercial and personal umbrella for a rental dwelling policy and the commercial is >1000USD and personal is 200USD. Do I have to use the commercial umbrella insurance or is ther personal insuranc...
Hey everyone, I have a few rental properties and looking to add more to my portfolio. They are all owned personally and not under an LLC. I understand most of the pros/cons of having an LLC own my properties. Such as ...
Hi All,
My name is Kin and I'm a newbie here. Heard many great things about this forum and wanted to be part of this community.
I have a few questions about a property we've purchased recently in North Carolina. We ...